| Second Incomes |
| The Taxman is reaching out to employees with second incomes; which could be anything from selling home-made items, to working as a self-employed consultant. Read More... |
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| Tax Nudge |
| A "nudge" in this context is a piece of advice or an arrangement designed to encourage you pick the option the Government wants to you to choose, such as contributing to a pension, or eating healthier foods. Read More... |
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| Second Homes |
| If you have more than one home, - properties actually used as your home - you can elect for one of those properties to be your tax-exempt main home. Read More... |
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| Flat Rate VAT |
| The flat rate VAT scheme for small businesses is designed to reduce administration hassle for the businesses that use it, not to reduce the amount of VAT the business pays over to HMRC, but that is often a side effect of using the scheme. Read More... |
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| May Questions and Answers |
| Q.If a director takes a £25,000 loan from his company and agrees to pay interest at say 3.5%, does this need to be declared on the company's tax return or on a form P11D? Read More... |
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| May Key Tax Dates |
| 02 - Last day for car change notifications in the quarter to 5 April - Use P46 Car Read More... |
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